PPP Loan information for Lemongrass inc

$64,556

Lemongrass inc was initially approved for PPP Loan of amount $64,556, the current approved amount is $64,556. The loan was approved on 04/27/2020 by The Cambridge Trust Company reported 14 jobs and $64,556 was used to fund payroll.

Lemongrass inc is New Business or 2 years or less

LEMONGRASS INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

LEMONGRASS INC

Borrower Address

1710 Massachusetts Avenue

Borrower City

Lexington

Borrower State

MA

Borrower Zip

02420

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64556.42

Current Approval Amount

64556.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32708

Servicing Lender Name

Cambridge Trust Company

Servicing Lender Address

1336 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Lexington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02420-0001

CD

MA-05

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

48417.42

Mortgage Interest Proceed

0.00

Rent Proceed

10139.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

32708

Originating Lender

Cambridge Trust Company

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65022.66

Forgiveness Date

01/20/2021

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